x is a publicly held corporation with a subsidiary, S, of which X always has owned 100 percent of the outstanding stock. what is the total tax liability for X and S under each of the following sets of facts? in this problem, use all corporate tax rate brackets.

a) X has taxable income of $2.2 million and S has no income.

b) X has taxable income of $2 million and S has taxable income of $200,000

c) same as b) above, but S distributed $100,000 to X as a dividend.

d) same as c) above, but X has not always owned all of the stock of S, and the dividend is distributed out of earnings and profits of a taxable year of S during which S and X were not members of the same affiliated group.

e) same as c) above, but X ownes only 10 percent of the vote and value of S's stock at all times during the year.

f) same as c) above, but X and S file a consolidated return.